We were just about to sign contracts for a property in West Croydon. We have hit a problem. Our loan offer with Coventry Building Society runs out on 1/10/2026 but the owners are putting forward a completion date of 5/10/2026. Can one extend the mortgage offer?
The best person to address this question is your solicitors who should calculate if they should be discussing with the mortgage broker, vendor’s conveyancers, estate agents or conceivably all three given the history of your house move as of today.
My house in West Croydon is up for sale and I have a buyer. Will my conveyancing practitioner need to be required to be on the Virgin Money conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the Virgin Money conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently currently.
Are there restrictive covenants that are commonly picked up as part of conveyancing in West Croydon?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in West Croydon. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am buying my first flat in West Croydon with the aid of help to buy. The sellers would not reduce the amount so I negotiated £7000 of extras instead. The estate agent told me not disclose to my lawyer about the deal as it may put at risk my loan with Leeds Building Society. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Is it possible to switch solicitor as I need to choose a firm on the Birmingham Midshires conveyancing list. I instructed a local conveyancing solicitor in West Croydon round the corner but he is not accepted by Birmingham Midshires
We will our best to assist in finding you a conveyancing solicitor in West Croydon on the Birmingham Midshires panel. Please note that the solicitors that we on the directory do not pay us fee if you instruct them and are under regulation of the Solicitors Regulation Authority who oversee all conveyancing solicitors in West Croydon. In utilising search facility on this page, you can compare and instruct different solicitors and conveyancers both nationally and in West Croydon.
My fiance and I may need to rent out our West Croydon basement flat for a while due to taking a sabbatical. We instructed a West Croydon conveyancing practice in 2001 but they have since shut and we did not think at the time get any guidance as to whether the lease prohibits the subletting of the flat. How do we find out?
Your lease governs relations between the landlord and you the flat owner; specifically, it will say if subletting is prohibited, or permitted but only subject to certain conditions. The rule is that if the lease contains no specific ban or restriction, subletting is allowed. Most leases in West Croydon do not prevent strict prohibition on subletting – such a clause would undoubtedly devalue the property. In most cases there is simply a requirement that the owner notifies the freeholder, possibly sending a duplicate of the sublease.
I am the registered owner of a two-bedroom flat in West Croydon. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal determine the amount payable for a lease extension?
Absolutely. We can put you in touch with a West Croydon conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a West Croydon property is 29 Woodstock Road in April 2014. the Tribunal determined that the premiums to be paid into court in respect of the purchase of the freehold registered at HMLR under Title N0.SY3997 should be £7,217. This case affected 4 flats. The unexpired residue of the current lease was 98 years.